Last $81.43 USD
Change Today +8.40 / 11.50%
Volume 3.6M
DRC On Other Exchanges
Symbol
Exchange
New York
Munich
As of 10:23 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

dresser-rand group inc (DRC) Snapshot

Open
$82.22
Previous Close
$73.03
Day High
$82.50
Day Low
$81.04
52 Week High
09/19/14 - $82.50
52 Week Low
02/18/14 - $51.46
Market Cap
6.2B
Average Volume 10 Days
2.1M
EPS TTM
$2.41
Shares Outstanding
76.6M
EX-Date
--
P/E TM
33.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for DRESSER-RAND GROUP INC (DRC)

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dresser-rand group inc (DRC) Details

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. It operates in two segments: New Units, and Aftermarket Parts and Services. The New Units segment offers turbo and reciprocating compression equipment and steam turbines; power turbines; special-purpose gas turbines; hot gas expanders; gas and diesel engines; trip, trip throttle, and non-return valves; and magnetic bearings and control systems. This segment also provides engineering, manufacturing, project management, packaging, testing, sales, and administrative support services. The Aftermarket Parts and Services segment offers a range of aftermarket parts and services, including replacement parts, field service turnaround, service and repair, operation and maintenance contracts, rotor/spare parts storage, condition monitoring, controls retrofit, site/reliability audits, remote area energy solutions, equipment repair and rerates, equipment installation, applied technology, long-term service agreements, special coatings/weldings, product training, turnkey installation/project management, and energy asset management services. This segment also provides engineering, manufacturing, project management, installation, commissioning, start-up and other field services, repairs, overhauls, refurbishment, sales, and administrative support services. The company markets its products and services through its sales representatives comprising direct sales/service personnel and a network of independent representatives and distributors. Dresser-Rand Group Inc. was founded in 2004 and is headquartered in Houston, Texas.

8,100 Employees
Last Reported Date: 03/14/14
Founded in 2004

dresser-rand group inc (DRC) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $932.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $286.0K
Executive Vice President of Global Operations
Total Annual Compensation: $409.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $417.4K
Executive Vice President of Global Solutions
Total Annual Compensation: $364.4K
Compensation as of Fiscal Year 2013.

dresser-rand group inc (DRC) Key Developments

Sulzer And DRC In Merger Talks

Sulzer, Ltd. (SWX:SUN) said that it is in talks on a potential tie-up with Dresser-Rand Group Inc. (NYSE:DRC) a move that may trigger rival offers from other potential suitors. "Sulzer has confirmed that it is engaged in non-exclusive discussions with Dresser-Rand regarding a potential transaction," Sulzer said in a statement. "There can be no assurance that a transaction will result from these discussions, and Sulzer does not intend to comment further unless and until an agreement is reached," Sulzer said." A rich cash bid will likely be seen as far more attractive than a stock merger of Sulzer and Dresser Rand," one of the sources said, adding that no proposal from another group had emerged so far. Rivals such as Siemens Aktiengesellschaft (DB:SIE) and General Electric Company (NYSE:GE) may now emerge with a competing offer for DRC, sources familiar with the situation said. Sulzer shares were up 1.7%. DRC shares were up more than 7%.

Dresser-Rand Group Inc. Presents at Barclays CEO Energy-Power Conference, Sep-03-2014 08:25 AM

Dresser-Rand Group Inc. Presents at Barclays CEO Energy-Power Conference, Sep-03-2014 08:25 AM. Venue: The Sheraton NY Hotel & Towers, 811 Seventh Ave, New York City, NY 10019, United States. Speakers: Vincent R. Volpe, Chief Executive Officer, President and Executive Director.

Dresser-Rand Group Inc. to Unveil Guascor Marine Engines in Hamburg, Germany

Dresser-Rand Group Inc. has announced that it will unveil its Guascor marine engines, SF180TA-SP and SP360TA-SP, in Hamburg, Germany. With an output range from 412 to 1,103 kW (1,500 rpm), the SF engine series was specifically developed to operate in harsh conditions with minimum power consumption. Throughout the years, Dresser-Rand has supplied fleets with propulsion and auxiliary equipment in compliance with the most demanding emissions standards. Its propulsion and auxiliary marine engines offer a strong, robust design that complies with IMO Tier 2 and CCNR2. These engines are highly reliable and easy to install and maintain. The environmentally friendly design offers a long service life.

 

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Industry Analysis

DRC

Industry Average

Valuation DRC Industry Range
Price/Earnings 43.9x
Price/Sales 2.0x
Price/Book 4.1x
Price/Cash Flow 43.7x
TEV/Sales 1.5x
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